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Europe's IMF = ESM, European Stability Mechanism

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  • Europe's IMF = ESM, European Stability Mechanism

    If I was a European right now, my blood would be boiling! Attempting these sort of take overs of an entire Continent with the stroke of a pen is to be asking for a massive revolution. Any law makers or politicos who sign this thing should be taken to the guillotine.

    Check out the draft of the ESM (European Stability Mechanism). They quite literally are trying to create their own IMF. The word IMF even appears several times in the Treaty. Watch this video for key points of contention.

    Warning: Network Engineer talking economics!
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